SEC Form 4 · accession 0001140361-16-046423
LivaNova PLC · LIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Demetrio Mauro
Officer — Chief Integration Officer
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 12:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2015 | M | 5,802 | — | A | 21,495 | D | |
| Common StockF3 | Dec 31, 2015 | F | 2,736 | $59.37 | D | 18,759 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 31, 2015 | M | 5,802 | D | — | — | Common Stock | 5,802 | 0 | D |
Explanation of responses
- F1Reporting person had vested restricted stock units ("RSUs") settled in Ordinary Shares par value ?1.00, of LivaNova PLC (the "Company").
- F2On October 19, 2015, reporting person was granted 5,802 RSUs to be issued under the Sorin LTI Award pursuant to the Sorin Plans (as defined below). Each RSU represents a contingent right to receive one share of the Company's Ordinary Shares. All of such RSUs vested and all restrictions thereon lapsed on December 31, 2015.
- F3A number of shares otherwise issuable to reporting person have been withheld in order to satisfy the tax withholding obligations of LivaNova and its subsidiaries pursuant to the vesting of existing Sorin equity award plans (the "Sorin Plans").